ENBRIDGE INC Annual Return On Equity in % from 2017 to 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Enbridge Inc quarterly/annual Return On Equity history and growth rate from 2017 to 2024.
  • Enbridge Inc Return On Equity for the quarter ending December 31, 2024 was 7.91 %, a 16.3% decline year-over-year.
  • Enbridge Inc annual Return On Equity for 2024 was 7.91 %, a 16.3% decline from 2023.
  • Enbridge Inc annual Return On Equity for 2023 was 9.45 %, a 104% increase from 2022.
  • Enbridge Inc annual Return On Equity for 2022 was 4.63 %, a 51.7% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 7.91 -1.54 -16.3% Jan 1, 2024 Dec 31, 2024
2023 9.45 +4.82 +104% Jan 1, 2023 Dec 31, 2023
2022 4.63 -4.94 -51.7% Jan 1, 2022 Dec 31, 2022
2021 9.56 +4.67 +95.5% Jan 1, 2021 Dec 31, 2021
2020 4.89 -3.01 -38.1% Jan 1, 2020 Dec 31, 2020
2019 7.9 +3.74 +89.9% Jan 1, 2019 Dec 31, 2019
2018 4.16 -0.09 -2.12% Jan 1, 2018 Dec 31, 2018
2017 4.25 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.